IRT Independence Realty Trust Inc

Price (delayed)

$17.4

Market cap

$4.07B

P/E Ratio

158.18

Dividend/share

$0.65

EPS

$0.11

Enterprise value

$6.28B

Independence Realty Trust is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Dallas, Louisville, Memphis, Raleigh and Tampa. IRT's investment ...

Highlights
IRT's price to earnings (P/E) is 112% higher than its 5-year quarterly average of 74.6
The EPS has contracted by 15% from the previous quarter

Key stats

What are the main financial stats of IRT
Market
Shares outstanding
233.82M
Market cap
$4.07B
Enterprise value
$6.28B
Valuations
Price to earnings (P/E)
158.18
Price to book (P/B)
1.19
Price to sales (P/S)
6.3
EV/EBIT
60.37
EV/EBITDA
18.71
EV/Sales
9.74
Earnings
Revenue
$644.53M
Gross profit
$379.3M
Operating income
$122.46M
Net income
$27.76M
EBIT
$103.96M
EBITDA
$335.49M
Free cash flow
$292.55M
Per share
EPS
$0.11
EPS diluted
$0.11
Free cash flow per share
$1.25
Book value per share
$14.63
Revenue per share
$2.76
TBVPS
$25.53
Balance sheet
Total assets
$5.96B
Total liabilities
$2.41B
Debt
$2.25B
Equity
$3.42B
Working capital
N/A
Liquidity
Debt to equity
0.66
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
6.58
Margins
EBITDA margin
52.1%
Gross margin
58.8%
Net margin
4.3%
Operating margin
19%
Efficiency
Return on assets
0.5%
Return on equity
0.8%
Return on invested capital
1.3%
Return on capital employed
N/A
Return on sales
16.1%
Dividend
Dividend yield
3.74%
DPS
$0.65
Payout ratio
590.9%

IRT stock price

How has the Independence Realty Trust stock price performed over time
Intraday
1.87%
1 week
3.76%
1 month
-1.14%
1 year
-11.04%
YTD
-12.3%
QTD
-1.64%

Financial performance

How have Independence Realty Trust's revenue and profit performed over time
Revenue
$644.53M
Gross profit
$379.3M
Operating income
$122.46M
Net income
$27.76M
Gross margin
58.8%
Net margin
4.3%
Independence Realty Trust's operating income has decreased by 10% YoY
Independence Realty Trust's net margin has decreased by 9% from the previous quarter
Independence Realty Trust's operating margin has decreased by 9% YoY
IRT's net income is down by 8% since the previous quarter

Price vs fundamentals

How does IRT's price correlate with its fundamentals

Growth

What is Independence Realty Trust's growth rate over time

Valuation

What is Independence Realty Trust stock price valuation
P/E
158.18
P/B
1.19
P/S
6.3
EV/EBIT
60.37
EV/EBITDA
18.71
EV/Sales
9.74
IRT's price to earnings (P/E) is 112% higher than its 5-year quarterly average of 74.6
The EPS has contracted by 15% from the previous quarter
The P/B is 8% less than the 5-year quarterly average of 1.3 and 8% less than the last 4 quarters average of 1.3
IRT's price to sales (P/S) is 16% lower than its 5-year quarterly average of 7.5 and 10% lower than its last 4 quarters average of 7.0

Efficiency

How efficient is Independence Realty Trust business performance
Independence Realty Trust's return on invested capital has increased by 44% YoY
The ROS has grown by 40% YoY
IRT's return on equity is down by 11% since the previous quarter

Dividends

What is IRT's dividend history
DPS
$0.65
Dividend yield
3.74%
Payout ratio
590.9%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Independence Realty Trust financials performed over time
Independence Realty Trust's total assets is 147% more than its total liabilities
Independence Realty Trust's debt is 34% less than its equity

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.